A Small and Medium-Sized Enterprise (SME) Is Legally Independent Enterprise

question 49

Multiple Choice

A small and medium-sized enterprise (SME) is legally independent enterprise with _____ employees.

• A) up to 500
• B) more than 500 but less than 1000
• C) more than 1000
• D) up to 700

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Definitions:

Order Fulfillment Centre

A facility specialized in receiving, processing, and shipping customer orders, acting as the bridge between suppliers and customers in supply chains.

Poisson Distribution

A probability distribution that models the number of times an event occurs in a fixed interval of time or space.

Fast Food Restaurant

A type of restaurant that offers quick service, a limited menu, and food prepared in a pre-cooked or quick-cooking manner.

Customers Arrive

Describes the occurrence or rate at which clients or consumers come to a service area, influencing service system design and capacity planning.